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token money

noun

  1. coins of the regular issue having greater face value than the value of their metal content
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

A true monetary economy must therefore be using a token money, which is nowadays a paper currency.

From Forbes

A salient example is when large entities profiting while contributing to some significant global problem—such as climate change, or human exploitation, or discrimination, or obesity—spend token money on some aspect of the solution.

From US News

This convention places in the front rank gold money, and reduces the pieces of silver of 2 francs and less to the r�le of token money.

But, in that case, they would be, not primary, self-sustaining money, but merely representative, or token money.

This feeling often leads to the use of a currency without value, like the token money used for change in the absence of legal coins.

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tokenizetoken payment